Sec. 3. (Judgment Lien against the Trustee or
Beneficiary)
(a) A judgment against a person individually who may also be a
trustee shall not be a lien against the trust estate.
(b) When trust property is properly sold or disposed of by the trustee
to a third person, the liens against a beneficiary's interest in the trust
estate, if any, will be divested from that property and will attach to the
interest of that beneficiary in the proceeds from its sale or other
disposition.
Formerly: Acts 1971, P.L.416, SEC.5.
Notes of Decisions
Cited in
3
cases, 1989–2012 · leading case:
Kesling v. Kesling, 967 N.E.2d 66 (Ind. Ct. App. 2012).
Kesling v. Kesling, 967 N.E.2d 66 (Ind. Ct. App. 2012).
· cites it 2× “at 28 (citing Ind.Code § 30-4-4-3(a)). Third, Andrew points to case law from other jurisdictions.”
Ind. Code § 30-4-4-3(a): 1 case
Kesling v. Kesling, 967 N.E.2d 66 (Ind. Ct. App. 2012).
“at 28 (citing Ind.Code § 30-4-4-3(a)). Third, Andrew points to case law from other jurisdictions.”
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treatment. Dots show Syfertize treatment of the citing case itself.